Airtel and Sumup set to kick off London’s fintech IPO test
Airtel and Sumup are set to hand a potential $20bn boost to the London Stock Exchange with long-awaited IPOs that could help pave the way for a host of fintech firms to come to market. Telecommunications giant Airtel is planning to list its mobile money business in London before the end of the year, its [...]
Airtel and Sumup are on the verge of making a major impact on London's fintech IPO market, with their planned listings potentially generating a $20bn boost. Airtel, the telecommunications giant, plans to list its mobile money business, Airtel Money, in London before the end of the year. The listing, which could be valued at up to $10bn, aims to broaden Airtel Money's international investor base and could set a precedent for other international companies considering a London listing.
Meanwhile, payments fintech Sumup is expected to make its London debut in early 2027, after initially considering 2026. The listings of Airtel and Sumup could help revitalize London's struggling fintech IPO market, which has suffered a decline in recent years. The potential listings are expected to attract a broad range of international fintech businesses, making London a more natural listing venue than the US.
Bankers are also looking to avoid political events in the second half of 2026, as they scope out timelines for deals.
Written by urgent.news from City AM's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
